VP Chief Ethics & Compliance Officer | Hybrid (Minneapolis, MN, US, 55416) en Allianz Life Insurance Company of North America

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.

What you do:

Lead the Ethics & Compliance function with a focus on helping the company achieve its strategic objectives. Specific expectations include, but are not limited to, the following:

• Ensure Allianz Life maintains a robust ethics and compliance organization that effectively manages compliance requirements and expectations from a US legal and regulatory perspective and in compliance with policies and procedures of Allianz Life and applicable Allianz SE requirements.
• Build and maintain a viable, risk-based, data influenced, compliance operational structure that functionally manages the development of relevant policies, procedures, training, oversight, monitoring, and reporting. Key areas include, but are not limited to:
• Law Change Management - specifically, help ensure the company operates in compliance with applicable laws and regulations with an emphasis on the timely identification and communication of changes and the monitoring of implemented changes.
• Financial Crimes (e.g., AML, Anti-Fraud, Anti-Corruption, Sanctions, Complaints, Special Investigations Unit)
• Customer Protection (e.g., Advertising Review)
• Regulatory Exam Management
• Operate an appropriate second line of defense compliance operation that effectively monitors implementation of key controls by the first line of defense and maintains meaningful communications with key representatives from the three lines of defense.
• Maintain a strong working knowledge of the relevant risks and commensurate controls in all areas of responsibility. In addition, have a strong working knowledge of relevant company controls being executed to help ensure compliance with relevant requirements.
• Maintain a strong working knowledge of relevant US legal and regulatory requirements and expectations and an awareness of relevant European regulations.
• Develop and maintain a strong understanding of the company's strategic initiatives and maintain a strong working relationship with the business leaders across the company executing the strategy. Must also have the ability to successfully navigate complex organizational structures.
• Have, develop, and maintain strong relationships and connections with industry peers such that there is awareness of changing industry expectations/challenges, and the strategies and best practices top companies are implementing to address these challenges.
• Effectively communicate relevant risks and the state of controls to the Senior Leadership Group, Executive Leadership Group, and the Company’s boards of directors.
• As appropriate and necessary, communicate with state and federal regulators/agencies.

Support Company efforts to maintain a strong ethical culture and effectively live our company's values of Integrity, Caring, Excellence and Respect, including but not limited to the following:

• Build and maintain an industry-leading ethics program that supports our value of Integrity.
• Ensure effective operation of core ethical programs (e.g., Code of Conduct, Whistleblower Hotline, Conflict of Interest / 1033 certifications, Investigations, Gifts and Entertainment policy).
• Strengthen the company's ethical culture through innovative communication, training, and programming to ensure that the Company continues to have a speak up culture that makes certain that all employees' voices are being heard.
• Effectively maintain strong connections with leading organizations and individuals focused on ethics and culture (e.g., Ethisphere, Radical Compliance). Lead efforts to obtain recognition of Allianz Life's strong ethical culture (e.g., Ethisphere's World's Most Ethical Company recognition).

Lead efforts to ensure that staff and leaders of the Ethics & Compliance function are effectively engaged, aligned, and motivated to help drive the company's ethical culture and its strategic initiatives and future success. Specific expectations include but are not limited to the following:

• Creating and communicating a vision for the Ethics & Compliance department that inspires and motivates innovation and engagement.
• Effectively manage the department budget with an understanding of the Company’s needs, emerging risks, and strategic needs (including Group initiatives), appropriate trade-offs, and appropriate strategic investments.
• Support the meaningful development of staff and leaders with a clear eye on emerging resource capability needs.
• Foster a culture where employees feel comfortable raising their voices to be heard and where challenging ideas have an accepting forum for discussion.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

What you bring:

• Over 10 years of compliance-related leadership experience in the financial services industry, preferably in the life insurance and securities sectors.
• Four-year degree with advanced degree preferred, or equivalent work experience.
• Adept at navigating highly matrixed local and global organizations.
• Proven experience leading large teams across multiple levels of leadership and a wide range of programs and developing talent.

• Extensive experience in leading, developing, and executing projects (and related budgets).
• Exceptional verbal and written communication and presentation skills, with the ability to effectively engage across all organizational levels.
• Demonstrated ability to thrive amidst change, demonstrating flexibility and adaptability in fast-paced environments.
• Strong industry knowledge with a track record of innovative thinking.
• Proven experience in fostering partnerships with key stakeholders.

• Strategic and geometric thinker with experience creating a compelling vision.
• Curious. Creative. Innovative.
• You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Base Salary Range $300,000 - $340,000 

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program. 

81955 | Legal & Compliance | Management | Allianz Executive | Allianz US Life | Full-Time | Permanent

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.

Join us.  Let’s care for tomorrow. 

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